Permian Basin Royalty Trust sets subscription price for planned rights offering at $28.08 per unit
Bitget2026/10/05 11:01Permian Basin Royalty Trust set Oct. 13, 2026 as the record date for a proposed rights offering. Subscription price fixed at $28.08 per share, equal to 87.5% of the five-day VWAP through Oct. 2, 2026. Rights offering start remains pending regulatory clearance. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Permian Basin Royalty Trust published the original content used to generate this news brief via Business Wire (Ref. ID: 20261004533819) on October 05, 2026, and is solely responsible for the information contained therein.
- Permian Basin Royalty Trust set Oct. 13, 2026 as the record date for a proposed rights offering.
- Subscription price fixed at $28.08 per share, equal to 87.5% of the five-day VWAP through Oct. 2, 2026.
- Rights offering start remains pending regulatory clearance.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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